Where mission possession becomes priority for builders in NCR, Noida’s sector 78 making news in the realty market as the construction work of near completion projects here is in full swing.
Noida Sector 78 is one of the well-developed neighborhoods in the city. Planned infrastructure is one of the key factors driving the growth of this neighbourhood. Also, it is centrally located and easy to navigate through to key area like Noida, Greater Noida and Delhi. Hence it has become one of the popular property hotspot for property buyers.
Happykeys takes a look at this sector and why it continues to remain popular.
“Though in the terms of property price appreciation, sector 78 has reached its zenith, but it is still a popular destination mainly because it is one of purely residential areas,” says Narendra Diwedi of Ojaswi Associates.
Located amidst IT/ITEs hub
The main driving force behind the rise in demand for residential apartment in this area is its location. Sector 78 is located close to many IT workplaces. The locality is well connected to the several developed areas of Noida where MNCs companies have their offices. The commercial localities in Noida and Greater Noida including special economic zone in sector 78, corporate offices in Noida’s sector 47, 48, 49 and 50 are easily accessible from sector 78 via link road.
Sector 78, Noida offers exceedingly well connectivity which makes a great impact on both commercial as well as residential real estate market. The Yamuna Expressway connects this locality with Noida and Greater Noida, Dadri and is accessible via Link Road while National Capital Delhi can be reached within an hour via DND flyover. Moreover, there is a proposed metro station in sector 78 where construction activity is on full swing. Noida City Center Metro station is located at a distance of 3.5 km.
Sector 78, Noida is home to large residential complexes such as Supertech Capetown, Ajnara Heritage, Gardenia Gateway, Aims Max Gardenia Golf City, Max Royal, Skytech Matrott, JM Orchid, Amrapali Silicon City, Princely Estate, Antriksh Golf View II, Express Zenith, Prateek Wisteria and Mahagun Moderne.
Property price trends in Noida Sector 78
Property price range in this locality for 1 BHK starts from Rs 4,630 – 5,524 per sq ft., For a 2 BHK unit the price range starts from Rs 2,533 – 6,522 per sqft and for 3 BHK the price range starts form Rs 4,000 – 7,729 per sqft.